‘Arrogant’ Businessman Jailed After Transferring £3 Million to avoid paying Debts
15-06-2026 18:06 via ukdcnews.co.uk

‘Arrogant’ Businessman Jailed After Transferring £3 Million to avoid paying Debts

A property businessman who breached a director disqualification order for over a decade has been jailed for four years after orchestrating an elaborate scheme to move £3 million out of reach of his creditors just weeks before his assets were due to be liquidated.
Tariq Sarwar, 59, of Gore Lane in Alderley Edge, was sentenced at Manchester Crown Court on 12 June 2026 for fraud anticipating winding-up and two counts of acting in contravention of a disqualification order. His co-defendant, Ch
Read more »

Debt collection agencies news



May sees drop in Business Insolvencies
May sees drop in Business Insolvencies
Hiring a Debt Collection Agency – Why Regulated Agencies Matter
Hiring a Debt Collection Agency – Why Regulated Agencies Matter
BBC appoints new Debt Recovery partner as Licence Fees evasion hits 12.5%
BBC appoints new Debt Recovery partner as Licence Fees evasion hits 12.5%
HMRC spends over £5m in one month on Debt Collection services
Debt Collection firm served with Winding Up Petition
Medical tech firm crashes into Liquidation
New Business Late Payments Legislation unveiled
New Business Late Payments Legislation unveiled
Scotland sees sharp rise in Business Distress
January sees a rise in Personal Insolvencies
43.8% rise in Businesses suffering Financial Distress
Spike in Divorces in January may raise Personal Debt Levels
Best 10 Credit Control Tips for UK Businesses in 2026
Business Insolvencies Surge Amid Economic Pressures
FCA Regulated Debt Collection Agency enters Administration
Desktop versie